Board Responsibilities

To fulfill these responsibilities, the Board of Directors must focus on these key areas:

Hiring, supervising and evaluating the co-op's CEO

Planning for the co-op's future and approving management's plans

Approving capital and operating budgets

Recruiting new directors to ensure a well-qualified board

Making decisions about the mechanics of the co-op's governance system, development of policies and guidelines and other related matters, (Note: The board does NOT make operating decisions for the store, choose products or supervise staff other than the CEO).

Expectations of Board Members:

Understand and promote the mission of the Wedge Community Co-op

Understand the role of the Board of Directors

Act in the interests of the whole ownership, not a specific constituency

Attend meetings faithfully and serve on committees effectively (8-12 hours/month time commitment, depending on committee assignments and intensity of board work which may vary over time)